![](/files/my/blog/img/bl3939_cpo280618.png)
28/6/2018
*FCPO Sep 18*
Previous Close: 2315 +38
FCPO jumped to its highest in over a week as tracking gains in related edible oils. US soyoil not much changes while Dalian palm olein retreat from its gains frm up nearly 1% to only +0.33%, FCPO may test resistance 1st
Daily chart showed a technical rebound, may retest middle line of BB which is around 2340.
*Classic Support & Resistance*
Resistance: 2366 2399
Support: 2271 2238
*Recommend Trading Plan for the day:*
1. Buy 2320, stop 2312, profit 2328/2336.
*FCPO Margin Requirement*
Intraday MYR 2250
Overnight MYR 4500
Spread MYR 1200
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